China’s automotive industry’s triumphs from local to global
China boasts the world’s largest and most rapidly growing automotive market, leading globally in terms of both car sales and production. China’s automotive industry has stepped up expansion in 2023, with a growing emphasis on overseas markets. Chinese car brands like BYD have successfully established themselves in overseas markets such as Asia-Pacific, Africa, the Middle […]
US bubble tea market predicted to grow the fastest: Tips for Chinese tea brands localization
The global bubble tea market is expanding quickly. According to Fortune Business Insights, the size of the global bubble tea market reached US $2.29 billion in 2022. It also forecasts a Compound Annual Growth Rate (CAGR) of 7.5% from 2023 to 2030, expected to exceed $4.08bn in seven years. Another report by Facts & Factors […]